5 Responses

What is with your fixation on Nabors? Where is your outrage at the million dollar bonuses paid by TAXPAYERS to executives at Fannie Mae while they were losing BILLIONS of dollars in taxpayers’ money? If a shareholder doesn’t like the executive compensation at Nabors they can sell their shares, but if you are among the 53% of Americans who actually pay federal income taxes you can’t opt out of paying these ridiculous bonuses to Fannie Mae and Freddie Mac.

I would say both are wrong. The Fannie Freddie crew should be fired for incompetence if not malfeasance. Obviously Nabor’s stockholders need to change out the board of directors if the board cannot control their CEO.